Banks reject U.S. Treasury Secretary Bessent’s CLARITY Act ‘circuit breaker’
Banks have rejected the proposed circuit breaker mechanism within the CLARITY Act (US digital-asset market-structure bill) introduced by U.S. Treasury Secretary Bessent. Reports indicate that the legislation continues to face challenges as teething issues persist, raising questions about its path to final passage.
Summaries are written by AI from the original article. Not investment advice.